Planning for retirement can be daunting, especially when considering how to generate income during your golden years. In this Retirement income Tip video, we cover two popular options: borrowing money from life insurance policies and utilizing a ROTH IRA.
We'll explore the advantages and disadvantages of tapping into life insurance for retirement income, including potential tax implications and impact on death benefits.
We'll also discuss the ins and outs of ROTH IRAs, including contribution limits, and the benefits of tax-free growth.
Whether you're considering borrowing from life insurance or maximizing your ROTH IRA, this video provides valuable insights to guide your financial planning decision.
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Insurance products and services are offered through Carson Graves, independent agent. Retirement Education Center, Carson Graves are not affiliated with or endorsed by the Social Security Administration or any government agency. All written content on this site is for information purposes only. Opinions expressed herein are solely those of Carson Graves, and our editorial staff. The presence of this web site shall in no way be construed or interpreted as a solicitation to sell or offer to sell Investment Advisory Services to any residents of any State other than the State(s) Carson Graves, is registered or where otherwise legally permitted. Carson Graves, Retirement Education Center do not render tax, legal, or accounting advice. Material presented is believed to be from reliable sources; however, we make no representations as to its accuracy or completeness. All information and ideas should be discussed in detail with your individual adviser prior to implementation. Hyperlinks on this website are provided as a convenience. We cannot be held responsible for information, services or products found on websites linked to ours.
28 сен 2024
